$150,000
UNDER CONTRACT

324 Alabama St Bessemer, AL 35020

Estimated payment $956/month

Total Views 5,704
9 Beds
3 Baths
2,592 Sq Ft
$58 Price per Sq Ft

About This Home

Investment Opportunity: Income-Producing Duplex – $150,000! Perfect for Investors or House Hackers! This duplex features two spacious units, each with 3 bedrooms and 1 bathroom – ideal for maximizing rental income or living in one side while renting out the other. One side is already rented at $850/month – instant cash flow! The other side is vacant and ready for your personal touch. Only cosmetic updates are needed to bring this property to its full potential. Whether you're a seasoned investor or just getting started, this is your chance to own a high-yield property at an affordable price. A video tour is available. Don’t wait — opportunities like this go fast!

Listing Agent

Bre Eatmon

Battle Realty & Company Listed on: 05/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,656

Year Built

  • Built in 1985

Home Design

  • Siding

Schools

  • Jonesboro Elementary School
  • Bessemer City Middle School
  • Bessemer City High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Wall to Wall Carpet
  • Crawl Space

Community Details

  • 3 Units
  • Operating Expense $2,378

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,656

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Other
  • Year Built Description: Existing
  • Year Built: 1985
  • Price Per Sq Ft: 1
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Floors: Wall-to-Wall Carpet

Exterior Features

  • Construction: Siding
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit

Utilities

  • Heating: Gas Heat
  • Cooling: Central Control (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • Elementary School: JONESBORO
  • Middle School: BESSEMER CITY
  • High School: BESSEMER CITY

Lot Info

  • Assessor Parcel Number: 38-00-16-4-027-001.001

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BESSEMER

Multi Family

  • Expenses: 2378

MLS Schools

  • Elementary School: JONESBORO
  • High School: BESSEMER CITY
  • Jr Middle School: BESSEMER CITY

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,656 $22,280 -- --
2022 $1,232 $8,970 $980 $7,990
2021 $1,232 $8,970 $980 $7,990
2020 $1,247 $8,970 $980 $7,990
2019 $1,232 $17,940 $0 $0
2018 $862 $12,540 $0 $0
2017 $855 $12,440 $0 $0
2016 $855 $12,440 $0 $0
2015 $855 $12,440 $0 $0
2014 $856 $12,240 $0 $0
2013 $856 $12,240 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 For Sale $150,000 +154.2% $58 / Sq Ft
03/28/2017 03/28/17 Sold $59,000 -18.1% $34 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $72,000 -- $42 / Sq Ft
Source: Greater Alabama MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 None Listed On Document
Warranty Deed $95,000 --
Warranty Deed $59,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,000 New Conventional
Previous Owner $75,600 New Conventional
Previous Owner $51,750 New Conventional
Previous Owner $50,150 New Conventional
Source: Public Records

Source: Greater Alabama MLS

MLS Number: 21419852

Greater Alabama MLS

APN: 38-00-16-4-027-001.001